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Worksheets

Banking and Credit Vocab

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.

Money that you put into your account is called a ___________.

a)

withdrawal

b)

deposit

c)

balance

d)

endorse

2.

Money that you take from your account is called a ________________.

a)

endorse

b)

balance

c)

withdrawal

d)

deposit

3.

The amount of money in your bank account is your __________.

a)

balance

b)

deposit

c)

withdrawal

d)

endorse

4.

A record of your checking account transactions is called a ___________________.

a)

checking account

b)

electronic funds transfer

c)

credit union

d)

check register

5.

Signing your name on the back of a check in order to receive the amount of money written on the front of the check.

a)

withdrawal

b)

endorse

c)

deposit

d)

reconcile

6.

The transfer of money from one bank account to another by electronic means is called an _________________.

a)

electronic funds transfer

b)

credit union

c)

automatic teller machine

d)

check register

7.

This allows you to manage your money from a computer with internet access.

a)

electronic funds transfer

b)

checking account

c)

debit card

d)

online banking

8.

A _____________ is a bank for people that are part of the same organization and is controlled by its members.

a)

commercial bank

b)

brokerage firm

c)

credit union

d)

real estate agency

9.

A _______________ is a type of bank account designed to hold funds for a short period of time.

a)

checking account

b)

savings account

c)

deposit account

d)

retirement account

10.

A _________ is a written document that authorizes (approves) the transfer of money from a bank account to a person or business.

a)

statement

b)

check

c)

direct deposit

d)

withdrawal slip

11.

When you __________ items, that means you make them agree.

a)

sign

b)

endorse

c)

deposit

d)

reconcile

12.

A _____________ is a card that you can use to withdraw money directly from your checking account.

a)

gift card

b)

credit card

c)

debit card

d)

prepaid card

13.

This can be found in a number of places (gas stations, banks, stores, etc.) It allows you to withdraw or deposit money.

a)

automatic teller machine

b)

electronic funds transfer

c)

deposit slip

d)

withdrawal slip